The German cooperative banks, namely the Raiffeisenbanken and Volksbanken and their central institutions, linked together in the so called Finanzverbund, define the "third pillar" of the German banking system b
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The German cooperative banks, namely the Raiffeisenbanken and Volksbanken and their central institutions, linked together in the so called Finanzverbund, define the "third pillar" of the German banking system beside the large commercial banks (also known as Grossbanken like Deutsche Bank, Dresdner ...